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Lodging and restaurant association: demand softening, Canadian visitors down; FIFA in Massachusetts could help
Summary
The New Hampshire Lodging and Restaurant Association told the committee leisure travel has softened since late 2024, Canadian visitation has fallen, hotel rates are easing and the industry is monitoring inflation and gas prices; the group expects flat-to-modest performance for 2025 and hopes for a 2026 boost from regional events.
Mike Summers, president and CEO of the New Hampshire Lodging and Restaurant Association, told the Senate Ways and Means Committee that leisure travel demand has weakened since late 2024 and that the industry remains in recovery from COVID-era disruptions.
Summers said hotels and restaurants are seeing softer demand, falling average daily room rates in recent quarters and a particular decline in…
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